85 ( RE-2007)/2004-2009, Dated: March 17, 2008
In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Para 1.3 and Para 2.1 of the Foreign Trade Policy, 2004-2009, the Central Government hereby makes the following amendments to the ITC(HS) Classifications of Export and Import items, 2004-2009 as amended from time to time :
With effect from 17.3.2008, the following new entry shall be inserted after entry at Sl . No.67 in Chapter 15 under Schedule 2 of ITC(HS) : -
|
Sl . No. |
Tariff Item HS Code |
Unit |
Item description |
Export Policy |
Nature of Restriction |
|
67A |
Codes pertaining to all edible oils under Chapter 15 of Schedule I |
Kg. |
All edible oils under Chapter 15 of Schedule I |
Prohibited |
Not permitted to be exported |
2. Transitional arrangements allowed under Para 1.5 of the Foreign Trade Policy, 2004-2009, shall, in public interest, not be applicable to the ban imposed above.
3. The ban imposed vide this Notification shall be applicable for one (1) year from the date of this Notification.
4. This issues in Public Interest.
F. No. 01/91/180/1846/AM08/Export Cell
(R.S. GUJRAL)
Director General of Foreign Trade
And Ex-Officio Additional Secretary to the Govt. of India
CAclubindia
CA Praveen Chopra
Published in Community & General